23
Dec-2016

Cinnos raises $2.3M in funding

iF Clients   /  

cinnos-logo_1

We’re thrilled to share that our client, Cinnos Mission Critical Inc., successfully raised over $2.3 million in equity financing! These funds were raised from the community of angel investors in the Hamilton, Burlington and the Greater Toronto Area, as well as Ontario Centres of Excellence (OCE) through its Market Readiness Company Building (MRCB) program!

Cinnos is a Hamilton-based high-tech startup that introduced the world’s first data centre appliance to the global market that enables immediate deployment and a pay-as-you-grow model for data centre providers.

The funds raised will provide the capital for Cinnos to build its next generation of the Mission Critical X (MCX), and fund its global expansion.

“Our MCX brings unprecedented economic and environmental efficiencies to the $170 billion data centre industry, and we intend to use this funding to capitalize fully on our unique and proprietary technology,” said Hussam Haroun, Cinnos CEO and co-founder.

Read the full story here!

 

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